Average rents in British Columbia fell 5.7 per cent in May from a year earlier, as the province lost its position as Canada's most expensive rental market to Nova Scotia.
British Columbia is accelerating timelines for communities to opt out of short-term rental limits, aiming to help them capture the summer tourism season.
Municipalities and housing advocates are raising alarm bells over British Columbia’s decision to close a housing fund they rely on to build affordable rental housing.
British Columbia and Alberta saw the largest declines in the price of apartment rentals over the past year, although B.C. remained the most expensive province for renters.
The B.C. NDP is promising millions of dollars in new investments in clean energy and climate programs if re-elected, while warning a Conservative government would roll back environmental protections.
The Vancouver Island Real Estate Board recorded 13 per cent fewer home sales in September than a year earlier, while benchmark prices remained relatively stable.
B.C. NDP Leader David Eby is facing criticism after confirming his family benefited from a $10-a-day child care program his government froze to new providers.
